Shoe Carnival, Inc. announced that on September 22, 2022, W. Kerry Jackson, Chief Financial Officer, notified the Company of his decision to retire effective in May 2023 after 35 years of service with the Company. Mr. Jackson will continue to serve as the Company's Chief Financial Officer through the filing of the Company's Annual Report on Form 10-K for fiscal year 2022 and until such time as a suitable replacement has been hired. The Company, with the assistance of a leading executive search firm, is conducting a comprehensive search for a new Chief Financial Officer to succeed Mr. Jackson.

The new Chief Financial Officer will continue to report to the Company's President and Chief Executive Officer.